0001062993-22-012426.txt : 20220513 0001062993-22-012426.hdr.sgml : 20220513 20220513191147 ACCESSION NUMBER: 0001062993-22-012426 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220511 FILED AS OF DATE: 20220513 DATE AS OF CHANGE: 20220513 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Ray Eric CENTRAL INDEX KEY: 0001732842 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11356 FILM NUMBER: 22924680 MAIL ADDRESS: STREET 1: C/O RADIAN STREET 2: 1500 MARKET ST., #2050W CITY: PHILADELPHIA STATE: PA ZIP: 19102 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: RADIAN GROUP INC CENTRAL INDEX KEY: 0000890926 STANDARD INDUSTRIAL CLASSIFICATION: SURETY INSURANCE [6351] IRS NUMBER: 232691170 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 550 EAST SWEDESFORD ROAD STREET 2: SUITE 350 CITY: WAYNE STATE: PA ZIP: 19087 BUSINESS PHONE: 2155646600 MAIL ADDRESS: STREET 1: 550 EAST SWEDESFORD ROAD STREET 2: SUITE 350 CITY: WAYNE STATE: PA ZIP: 19087 FORMER COMPANY: FORMER CONFORMED NAME: CMAC INVESTMENT CORP DATE OF NAME CHANGE: 19960126 4 1 form4.xml STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES X0306 4 2022-05-11 0000890926 RADIAN GROUP INC RDN 0001732842 Ray Eric RADIAN GROUP INC. 550 E SWEDESFORD ROAD, #350 WAYNE PA 19087 0 1 0 0 Sr. Exec Vice President Restricted Stock Units - Time Vested Award 0.0 2022-05-11 4 A 0 17000 A 2025-05-15 Common Stock 17000 17000 D Restricted Stock Units - Performance Award 0.0 2022-05-11 5 A 0 E 28060 A 2025-05-15 Common Stock 28060 28060 D Each RSU represents a contingent right to receive one share of common stock. Vesting of the time-based RSUs occurs pro rata on each of the first, second and third anniversaries of May 15, 2022. The number of reported performance-based RSUs represents the target award, with grantees having the potential to earn a number of shares up to 200% of the target award. Vesting of the performance-based RSUs occurs on May 15, 2025 (between 0 and 56,120 shares), subject to the Company's cumulative growth in "LTI Book Value" per share (as defined in the grant document). Distribution of shares is generally subject to a one-year holding period after vesting. Not Applicable. Edward J. Hoffman /s/, Edward J. Hoffman, (POA) Atty-in-fact 2022-05-13